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Message: Re: too much speculation

Jul 10, 2024 09:58AM

Since ELVA is profitable which is rare for a battery company, they will do just fine.  Each quarter the revenue increases along with net profit increasing.  You can expect the order pressure to ease up slightly due to the economy.  Right now automotive battery makers are holding up on consrtuction of new battery plants due to the softening of the EV market.  When Electrovaya has a customer that requires production from Jamestown, then we will see some solid movement to make that happen.  JMHO


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